FX.co ★ Modèles réels. Analyse technique et recommandations de trading

The Triple Top pattern has formed on the chart of the EURNZD M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 2.0019/2.0020 with the upper limit 2.0036/2.0039; the projection of the width is 17 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 2.0019, the price is most likely to continue the downward movement.

On the chart of EURNZD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 2.0039; the lower boundary 2.0020; the width of the pattern 19 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 2.0005 level.

The Triple Bottom pattern has formed on the chart of the EURNZD M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 2.0005/2.0001.

On the chart of EURNZD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 2.0042; the lower boundary 2.0027; the width of the pattern 15 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 2.0012 level.

The Double Bottom pattern has been formed on EURNZD D1. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 1.9851 is broken. The further movements will rely on the width of the current pattern 355 points.